Global Opportunities Beyond the Radar

Is Bitcoin Back? When Fear Turns to Greed


Quantum Wealth Summary




Well, you know it.

I know it.

Everybody knows it.

This past year has been stormy for Bitcoin:

But as horrible as the Bitcoin sell-off has been, it’s nothing unusual. It’s all part of a historical pattern of volatility:


Source: Visual Capitalist


Interestingly enough, Bitcoin has experienced such huge price swings over the years that the asset itself no longer makes the news. Instead, in 2022, it was the wider collapse of the crypto ecosystem that grabbed the headlines:


Source: Fintech Singapore


People call this ‘crypto winter’, and for good reason:


Source: Yahoo Finance


Ouch. That’s a bit harsh. Sure, we’re living in a jittery environment for crypto. But after experiencing such a bloodbath, maybe there’s light at the end of the tunnel? Maybe the worst of the carnage is over? Well, possibly:


Source: CoinDesk


Source: Binance Academy


So, what does it mean? Why does it matter? Well, I’ll give it to you in plain English:

So, at the moment, here’s what the situation for Bitcoin looks like in 2023:

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